Salutica IPO Oversubscribed by 9.98 times

Salutica Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 19.4 million shares. It was oversubscribed by 9.98 times. The IPO attract 9,647 applications for 212.98 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 18th May 2016. Salutica Berhad is expected to be listed on the ACE Market of Bursa Malaysia on 19th April 2016 under stock name “SALUTE”.